Successful Car Wash (White Bridge)

Nashville, TN (Davidson County)

Successful Car Wash (White Bridge)
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Asking Price: $220,000

Cash Flow: $185,000

Gross Revenue: $390,000

EBITDA: $185,000

FF&E: N/A

Inventory: $1,200,000*

Rent: $4,600 /Month

Established: 2016

*not included in asking price.

Successful Car Wash (White Bridge)

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Business Description

SUCCESSFUL NASHVILLE CAR WASH (SUDS UP)

This car wash was taken over in 2016 and has become very profitable. It is an express wash so it requires limited employees. It is located on a very busy street (White Bridge Pike) and is profitable every month. I am selling 20% of this business to someone who wants to collect checks and not have to be very involved. It is owned an operated by a local couple and will be a great investment.

Detailed Information

Location:
Nashville, TN
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
1/1/2099
Employees:
3
Facilities:
This wash is rented and the lease is for another 90 years! They locked in the lease at a very low rate and with the price of real estate it works in favor of the business. All of the equipment and office supplies come with the sale. (Home Based)
Competition:
There is not another wash like this in the area. We capitalize on the market of customers who want to get in and wash there car quickly. We have a guaranteed $5000/ month in monthly passes.
Growth & Expansion:
Would be very easy to sell more monthly passes and get the income up very quickly. I have been very involved in my other business' and haven't been able to spend much time there. This wash makes bank in the winter time with a line all the way down the street when unfriendly weather occurs.
Reason for Selling:
Need to pay off a loan that is coming due on a custom built home.
Home-Based:
This business is Home-Based
Business Website:
http://www.sudsupusa.com/
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Business Listed By:
Josh Robinson

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